All db/dc switch articles – Page 3
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NewsDutch ‘early bird’ pension funds focus on reducing interest rate risk
Only one of the four pension funds that plans to make the switch to DC on 1 January 2025 has also reduced its equity exposure to protect its funding ratio
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NewsDutch funds’ asset management costs fall to 0.48%
Admin costs, however, rose by 13% as funds are investing in new IT systems to prepare for DC transition
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NewsDutch early birds in ‘emergency meeting’ with regulator to keep DC switch on track
Pensioenfederatie president Ger Jaarsma called up his counterpart at pension regulator DNB to smooth differences over the interpretation of certain guidelines
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NewsNo losers from Dutch pension reform, employers union finds
Almost everyone, and especially younger workers, will benefit from the Dutch switch to defined contribution pensions, according to AWVN’s analysis
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NewsKLM funds dial down risk in run-up to DC transition
The moves come as an increasing number of Dutch pension schemes decide to protect their funding ratios in anticipation of a switch to new DC arrangements
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NewsDutch pension funds increase interest rate hedge above 70%
In the run-up to the transition to a defined contribution system, pension funds in the country want to protect their funding ratios
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NewsShell to pay at least €500m to Dutch pension fund upon switch to DC
The agreed compensation for the disappearance of the sponsor guarantee is several hundreds of millions of euros higher than previously foreseen by the company
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NewsDutch pension admin costs up 13% in 2023
Pension funds blame the upcoming transition to DC arrangements for the cost rise
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AnalysisWhy the Dutch buyout market fails to fulfil its promise
Insurance firm Lifetri left the market last month as the opportunities in the pension risk transfer market proved less appealing than expected
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NewsUncertainty over Dutch DC transitioners likely to lift in December, say admins
APG, TKP, Achmea and Blue Sky Group believe the ‘do or die’ moment for pension funds planning to move to DC in January 2025 will only occur in December
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NewsFive Dutch pension funds move DC transition to 2028
The funds are targeting the new date despite the official transition deadline for the transition being a year earlier
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NewsNew Dutch government coalition leaves pension law untouched
Although three of four parties in the new right-wing coalition are critical of the pension law, the four coalition partners made no plans to amend it
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NewsDutch funds risk €18bn bill if pension transition called off, says PwC
Dutch pension funds would have to shoulder the cost of running expensive legacy DB systems for decades to come, the accountant warns
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NewsDutch ‘early birds’ postpone DC transition
Only 10 pension funds are now still scheduled to make the transition to a new DC arrangement by 1 January 2025
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NewsDutch pension funds cannot reduce risk without limits, says regulator
Many Dutch schemes plan to dial down investment risk to protect their funding ratios in the run-up to the pension transition
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NewsBlue Sky Group to sell asset management arm
The €25bn Dutch pension provider wants to focus exclusively on pension administration as it deems itself too small to remain a frontrunner in asset management
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NewsDutch wholesalers fund to give members individual choice on DC switch
The fund’s decision aligns with MP Agnes Joseph, a former actuary, who is advocating freedom of choice for pension fund members
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NewsDutch hospitality industry fund ups interest rate hedge in run-up to DC switch
Pensioenfonds Horeca & Catering will be one of the first pension funds to switch to a DC arrangement on 1 January 2025
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NewsAPG pension fund scales back investment risk in run-up to DC switch
The fund is the first Dutch pension scheme to publish detailed plans about its investment strategy in the new DC system
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NewsDutch schemes remaining in DB required to explain decision, says regulator
According to DNB, pension funds risk going along too easily with employer demands to retain a DB arrangement and close for new accruals
